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Crimson Hexagon Secures $5 Million in Series B Funding

CAMBRIDGE, Mass. --(Business Wire)--

Crimson Hexagon (http://crimsonhexagon.com),
a social intelligence company in the vanguard of social media monitoring
and analysis, announced today that it secured $5 million in funding from
Charles F. Dolan, founder and chairman of Cablevision Systems (News - Alert)
Corporation, one of the nation's leading telecommunications, media and
entertainment companies. The Series B funding will be used to support
accelerated product development as well as Crimson Hexagon's rapid
subscription growth within the media, financial services, public
affairs, health and life science sectors.

Recently named by Fast Company as one of the Top
10 Most Innovative Companies on the Web, CrimsonHexagon provides
social intelligence software and services to some of the world's largest
and most respected companies. Powered by patent-pending technology
originally developed at Harvard University's Institute for Quantitative
Social Science, the Crimson Hexagon ForSight™ platform surpasses the
capabilities of traditional social media monitoring and expands the
capacity of market research.

Funded by a series of angel investments led by the Golden Seeds
investors' group, Crimson Hexagon was founded in 2007. The social
intelligence pioneer delivers real-time analysis of how engaged
customers communicate their thoughts and intentions online, using a
language-agnostic algorithm and a multi-year trending database that adds
over one billion social media posts each week.

"Charles Dolan's investment recognizes Crimson Hexagon's readiness for
expansion and rapid growth," said Patricia Gottesman, Crimson Hexagon
President and CEO. "We're inspired by his vision, his extraordinary
accomplishments and his significant contribution to Crimson Hexagon's
capacity for progress on the entrepreneurial road ahead."

About Crimson Hexagon, Inc.

Crimson Hexagon, founded in 2007, is the leading social intelligence
company for global brands, media, financial services, advertising,
government and public affairs organizations. Powered by patent-pending
technology developed at Harvard University's Institute for Quantitative
Social Science, the Crimson Hexagon ForSight™ platform overcomes the
limits of traditional market research by delivering a real-time view of
how engaged online consumers truly think and feel about a brand or
issue. For more information go to: http://crimsonhexagon.com
or read the Crimson Hexagon Social Media Monitoring and Analysis blog: http://crimsonhexagon.com/blog/.